September 3, 2014, 3:00 pm
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1 Philippine Peso = 0.08409 UAE Dirham
1 Philippine Peso = 2.42823 Albanian Lek
1 Philippine Peso = 0.04098 Neth Antilles Guilder
1 Philippine Peso = 0.19242 Argentine Peso
1 Philippine Peso = 0.0245 Australian Dollar
1 Philippine Peso = 0.04075 Aruba Florin
1 Philippine Peso = 0.04579 Barbados Dollar
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1 Philippine Peso = 0.00863 Bahraini Dinar
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1 Philippine Peso = 0.02289 Bermuda Dollar
1 Philippine Peso = 0.0286 Brunei Dollar
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1 Philippine Peso = 0.01744 Euro
1 Philippine Peso = 0.04264 Fiji Dollar
1 Philippine Peso = 0.01379 Falkland Islands Pound
1 Philippine Peso = 0.01379 British Pound
1 Philippine Peso = 0.08522 Ghanaian Cedi
1 Philippine Peso = 0.90659 Gambian Dalasi
1 Philippine Peso = 160.94322 Guinea Franc
1 Philippine Peso = 0.17785 Guatemala Quetzal
1 Philippine Peso = 4.77221 Guyana Dollar
1 Philippine Peso = 0.17743 Hong Kong Dollar
1 Philippine Peso = 0.48321 Honduras Lempira
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1 Philippine Peso = 23.20742 Korean Won
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1 Philippine Peso = 0.31834 Moldovan Leu
1 Philippine Peso = 1.06777 Macedonian Denar
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1 Philippine Peso = 0.18275 Macau Pataca
1 Philippine Peso = 6.65064 Mauritania Ougulya
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1 Philippine Peso = 0.02289 Panama Balboa
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1 Philippine Peso = 0.05662 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
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1 Philippine Peso = 0.07341 Polish Zloty
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1 Philippine Peso = 15.7967 Rwanda Franc
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1 Philippine Peso = 0.29731 Seychelles Rupee
1 Philippine Peso = 0.13032 Sudanese Pound
1 Philippine Peso = 0.16008 Swedish Krona
1 Philippine Peso = 0.02861 Singapore Dollar
1 Philippine Peso = 0.01379 St Helena Pound
1 Philippine Peso = 0.50838 Slovak Koruna
1 Philippine Peso = 100.7326 Sierra Leone Leone
1 Philippine Peso = 19.09341 Somali Shilling
1 Philippine Peso = 423.19139 Sao Tome Dobra
1 Philippine Peso = 0.20025 El Salvador Colon
1 Philippine Peso = 3.5016 Syrian Pound
1 Philippine Peso = 0.24522 Swaziland Lilageni
1 Philippine Peso = 0.73157 Thai Baht
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1 Philippine Peso = 0.04227 Tonga Pa'ang
1 Philippine Peso = 0.04947 Turkish Lira
1 Philippine Peso = 0.14527 Trinidad Tobago Dollar
1 Philippine Peso = 0.68484 Taiwan Dollar
1 Philippine Peso = 38.038 Tanzanian Shilling
1 Philippine Peso = 0.3061 Ukraine Hryvnia
1 Philippine Peso = 59.36355 Ugandan Shilling
1 Philippine Peso = 0.02289 United States Dollar
1 Philippine Peso = 0.55037 Uruguayan New Peso
1 Philippine Peso = 53.75504 Uzbekistan Sum
1 Philippine Peso = 0.14406 Venezuelan Bolivar
1 Philippine Peso = 484.77564 Vietnam Dong
1 Philippine Peso = 2.16071 Vanuatu Vatu
1 Philippine Peso = 0.05273 Samoa Tala
1 Philippine Peso = 11.4457 CFA Franc (BEAC)
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1 Philippine Peso = 11.35531 CFA Franc (BCEAO)
1 Philippine Peso = 2.06227 Pacific Franc
1 Philippine Peso = 4.91999 Yemen Riyal
1 Philippine Peso = 0.24389 South African Rand
1 Philippine Peso = 118.80723 Zambian Kwacha
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US okays deal making biggest miller bigger

WASHINGTON - ConAgra Foods Inc, Cargill Inc and CHS Inc won U.S. antitrust approval on Tuesday to merge their North American flour mill operations after agreeing to sell four mills to a Japanese company.
 
The companies had announced in March 2013 that ConAgra Foods Inc would join Horizon Milling, a joint venture of Cargill Inc. and CHS Inc that is the largest flour miller in America. CHS is owned by farmers and cooperatives. The combined company will be called Ardent Mills.
 
Horizon Milling is already the largest U.S. flour miller, Archer Daniels Midland is the second-largest and ConAgra is No. 3.
 
To secure Justice Department approval, the grain and food-handling companies agreed to sell four mills to Miller Milling Co, a U.S.-based unit of Tokyo-based Nisshin Flour Milling Inc, which is a subsidiary of Nisshin Seifun Group Inc.
 
The mills to be sold are Horizon’s facility in Los Angeles and ConAgra’s facilities in Oakland, California; Saginaw, Texas; and New Prague, Minnesota.
 
“Without the Antitrust Division’s required divestitures, the creation of Ardent Mills would have resulted in less competition in the sale of wheat flour, resulting in customers, such as industrial bakers and food service companies, paying higher prices for wheat flour,” said Renata Hesse, a deputy assistant attorney general at the Antitrust Division.
 
The three companies are pleased with the approval, and the new entity will begin operations around the end of May, the companies said in a joint release. Under agreement with the Justice Department, this cannot be done until the four mills are sold.
 
“We strongly believe in the merits of this transaction and the benefits it will bring to customers, consumers, wheat suppliers, shareholders and employees,” said Paul Maass, president of Private Brands and Commercial Foods for ConAgra Foods.
 
Patrick Woodall of Food and Water Watch, which has asked for the deal to be blocked, said the required asset sale was inadequate since Ardent would have five of seven mills in the northeastern United States, between Boston and northern Pennsylvania.
 
And even with the divestiture of a Minnesota mill, Ardent will still have half of the flour mills in the St. Paul-Minneapolis area, he said.
 
Horizon, which is owned by Cargill and CHS, has 20 mills that can produce about 27 million pounds of flour a day while ConAgra’s 21 mills can produce 23 million pounds of flour, the Justice Department said in a court filing.
 
In afternoon U.S. trading, Conagra shares were down 0.4 percent and CHS shares were down 0.2 percent. 
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‘An ideal business climate is necessarily a function of effective, honest leadership. Nothing substitutes for that.’